FORM 4
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
[ ]Check this box if no longer
subject to Section 16. Form 4
or Form 5 obligations may
continue. See Instruction 1(b)
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935
of Section 30(f) of the Investment Company Act of 1940
<TABLE>
<S> <C>
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Name and Address of Reporting Person 2. Issuer Name and Ticker or Trading Symbol
LifePoint, Inc. - LFP
General Conference Corporation of Seventh-day Adventists
(Last) (First) (Middle) -----------------------------------------------------------------
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3. IRS or Social 4. Statement for Month/Year
Security Number of
12501 Old Columbia Pike Reporting Person 2/00
(Voluntary)
(Street)
52-6037545
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Silver Spring MD 20904 ------------------------- ---------------------------------------
5. If Amendment, Date of
City (State) (Zip) Original (Month/Year)
2/00
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6. Relationship of Reporting Person to
Issuer
(Check if Applicable)
__ Director _x_ 10% Owner
__ Officer (give ___ Other (specify
title below
below)
____________________
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</TABLE>
<PAGE>
<TABLE>
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
<S> <C> <C> <C>
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------------------------------ ----------------- ------------------ --------------------------------
1. Title of Security 2. Transaction 3. Transaction 4. Securities Acquired (A) or
(Instr. 3) Date Code Disposed of (D) (Instr. 3, 4,
(Month/Day/Year) (Instr. 8) and 5)
------------------------------ ----------------- ------------------ --------------------------------
------------------------------ ----------------- ---------- ------- ----------- --------- ----------
Code V Amount (A) or Price
(D)
------------------------------ ----------------- ---------- ------- ----------- --------- ----------
------------------------------ ----------------- ---------- ------- ----------- --------- ----------
Common Stock, $.001 par value 2/29/00 P 190,000 A (1)
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------------------------------ ----------------- ---------- ------- ----------- --------- ----------
Common Stock, $.001 par value 2/29/00 P 50,000 A (2)
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------------------------------ ----------------- ---------- ------- ----------- --------- ----------
--------------- ----------- ---------------
5. Amount of 6. 7. Nature of
Securities Owner-ship Indirect
Beneficially Form: Beneficially
Owned at End Direct Ownership
of Month (D) or (Instr. 4)
(Instr. 3 and Indirect
4) (I)
(Instr. 4)
--------------- ----------- ---------------
--------------- ----------- ---------------
--------------- ----------- ---------------
--------------- ----------- ---------------
1,425,000 D N/A
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--------------- ----------- ---------------
1,475,000 I (3)
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</TABLE>
(1) The Reporting Person purchased 76 Units of Securities from the Issuer.
Each unit consists of 2,500 shares of the Common Stock and a warrant to
purchase 2,500 shares of the Common Stock. The purchase price for each Unit
was $5,000.
(2) A wholly owned subsidiary of the Reporting Person purchased 20 Units of
Securities from the Issuer. Each unit consists of 2,500 shares of the Common
Stock and a warrant to purchase 2,500 shares of the Common Stock. The purchase
price for each Unit was $5,000.
(3) The referenced securities are owned by Gencon Insurance Company of
Vermont, a wholly-owned subsidiary of the Reporting Person.
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
<PAGE>
Form 4 (continued)
<TABLE>
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
<S> <C> <C> <C> <C> <C> <C>
---------------------------- ------------- ------------- --------------- --------------- ---------------- -------------------------
1. Title of Derivative 2. 3. 4. 5. Number of 6. Date 7. Title and Amount of
Security (Instr. 3) Conver- Transaction Transaction Derivation Exercisable Underlying Securities
sion Date Code (Instr. Securities and Expiration (Instr. 3 and 4)
or (Month/Day/ Acquired (A) Date
Exercisable Year) or Disposed (Month/Date/Year)
Price of (D)
of (Instr. 3,4,
Derivative and 5)
Security
---------------------------- ------------- ------------- --------------- --------------- ---------------- -------------------------
---------------------------- ------------- ------------- ------- ------- -------- ------ -------- ------- ------------ ------------
Code V (A) (D) Date Expira- Title Amount or
Exerci- tion Number of
sable Date Shares
---------------------------- ------------- ------------- ------- ------- -------- ------ -------- ------- ------------ ------------
---------------------------- ------------- ------------- --------------- --------------- ---------------- -------------------------
Series A 10% Cumulative Any time N/A N/A N/A Any time N/A Common 4,500,000
Convertible Preferred Stock Stock
---------------------------- ------------- ------------- --------------- --------------- ---------------- -------------------------
---------------------------- ------------- ------------- --------------- --------------- ---------------- -------------------------
Common Stock purchase $3.00 2/29/00 A 76 9/14/00 3/13/05 Common Stock 190,000
warrant
---------------------------- ------------- ------------- --------------- --------------- ---------------- -------------------------
---------------------------- ------------- ------------- --------------- --------------- ---------------- -------------------------
Common Stock purchase $3.00 2/29/00 A 20 9/14/00 3/13/05 Common Stock 50,000
warrant
---------------------------- ------------- ------------- --------------- --------------- ---------------- -------------------------
---------------------------- ------------- ------------- --------------- --------------- ---------------- -------------------------
---------------------------- ------------- ------------- --------------- --------------- ---------------- -------------------------
---------------------------- ------------- ------------- --------------- --------------- ---------------- -------------------------
------------- ------------- ----------- -----------
8. Price of 9. Number 10. 11.
Derivative of Ownership Nature of
Security Derivative Form of Indirect
(Instr. 5) Securities Derivative Beneficial
Beneficially Security: Ownership
Owned at Direct (Instr. 4)
end of (D) or
month Indirect
(Instr. 4) (I)
(Instr. 4)
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------------- ------------- ----------- -----------
------------- ------------- ----------- -----------
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$10.00 225,000 D N/A
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------------- ------------- ----------- -----------
(1) 415,000 D N/A
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------------- ------------- ----------- -----------
(2) 465,000 I (3)
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</TABLE>
Explanation of Responses:
(1) The Reporting Person purchased 76 Units of Securities from the Issuer.
Each unit consists of 2,500 shares of the Common Stock and a warrant to
purchase 2,500 shares of the Common Stock. The purchase price for each Unit
was $5,000.
(2) A wholly owned subsidiary of the Reporting Person purchased 20 Units of
Securities from the Issuer. Each unit consists of 2,500 shares of the Common
Stock and a warrant to purchase 2,500 shares of the Common Stock. The purchase
price for each Unit was $5,000.
(3) The referenced securities are owned by Gencon Insurance Company of
Vermont, a wholly-owned subsidiary of the Reporting Person.
General Conference Corporation of Seventh Day Adventists
By: /s/ Gary B. DeBoer
--------------------
Title: Associate Treasurer
Date: August 22, 2000
**Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If
space provided is insufficient, See Instruction 6 for procedure.
